UDS Group Inc. Announces 10 Million Share Buyback
11 Juli 2007 - 12:00PM
Business Wire
UDS Group, Inc. (Pink Sheets:UDSG), the leader in Delivery
Management Solutions, announced its intent to purchase up to 10
million shares of its common stock in the company�s first corporate
buyback. The buyback has no time limit and the shares will be
bought through the open market, based on price and market
conditions. Mr. Ryan Coblin, CEO of UDS Group, Inc., commented, �We
feel our stock is greatly undervalued and feel it is an opportune
time to show our commitment to the long term value of our company.
We are currently working on multiple projects, prospective clients,
and new partnerships, which will create tremendous shareholder
value. This share buyback is in addition to our recent retirement
of 27,000,000 shares." About UDS Group, Inc. Universal Delivery
Solutions, Inc. (Pink Sheets:UDSG), www.UniversalDelivery.com, is
the first Company to provide a 100%, turnkey delivery platform to
the service industry throughout North America (restaurant, retail,
other). The system is designed on both a customer relation
management (CRM) system and a service integrated technology
backbone between customers, call center and the personal industry
provider of choice. Disclaimer: This report contains
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. All statements, other
than statements of historical fact, including statements regarding
industry prospects and future results of operations or financial
position, made are forward-looking. We use words such as
"projects," "projections," "anticipate," "believe," "expect,"
"intend," "estimate" (and the negative of any of these terms),
"future" and similar expressions to help identify forward-looking
statements. These forward-looking statements are subject to
business and economic risk and reflect management's current
expectations, and involve subjects that are inherently uncertain
and difficult to predict. Our actual results could differ
materially. We will not necessarily update information if any
forward-looking statement later turns out to be inaccurate. Risks
and uncertainties that may affect our future results include, but
are not limited to, market risks, contractual risks, restaurant
industry risks, revenue and cost risks, litigation risks, and risks
of having inadequate capital for operations.
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